Stop saying forecasts are always wrong! It’s a pet peeve of mine because when you say this, you’re only hurting yourself and this field. Besides, you are wrong!... Read More...
While forecasting has always being associated with uncertainty, we are living during an unprecedented time that requires extra special handling. This article at... Read More...
The biggest shift for me in dealing with the e-Commerce channel was a mindset. I had approached planning for this channel with the same tools and perspective th... Read More...
As we move into this next phase of this Covid-19 global pandemic with countries, states and businesses beginning to open back up, the importance of sound judgem... Read More...
This article first appeared in the summer 2019 issue of the Journal of Business Forecasting. It didn't anticipate a global pandemic but did anticipate a slowdow... Read More...
Managing demand variability is one thing but a global pandemic? That’s a whole different story. If you thought forecasting sales and understanding consumer beha... Read More...
Unidentified and untreated outliers can generate false expectations for business, causing future disruptions, excess stock and loss of market opportunities. App... Read More...
This article describes the various steps that General Motors (GM) has taken to improve forecasts for better decision making. These include reducing waste, using... Read More...
The world of forecasting today is filled with machine-related buzzwords like AI, predictive analytics and machine learning. Will all of forecasting be done by m... Read More...
When it comes to forecasting models, there is no one size fits all. And with different inputs, methods, and parameters, how do you choose the right one, and onc... Read More...
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